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GOLD COAST, Australia - Thursday, August 25th 2016 [ME NewsWire]

(BUSINESS WIRE)-- Global multi-brand retail food franchisor Retail Food Group (RFG) has today celebrated its tenth year on the Australian Securities Exchange (ASX) by posting record profit and announcing a new transformational acquisition.

The Company announced its full year accounts to 30 June 2016, achieving record underlying Net Profit After Tax of $66.4m, a 20.5% increase on the previous period, and the product of record FY16 EBITDA of $110.2m, an increase of 24% on FY15.

RFG Managing Director Andre Nell said the Company’s exceptional performance was driven by the Group’s increasingly diverse and global business.

“RFG’s franchise operations continue to flourish with 258 new outlets commissioned across the globe during FY16, including 112 in Australia, 69 in Asia and 41 in Europe, our three highest growth regions,” said Mr. Nell.

“Gloria Jea ... Read more »

The two technology leaders will together deliver a compelling alternative to dated user authentication systems

JOHANNESBURG - Thursday, August 25th 2016 [ME NewsWire]

(BUSINESS WIRE)-- Entersekt, an innovator in mobile-enabled digital banking security, today announced a partnership with IST Networks. A leading systems integrator in the Middle East, IST now offers Entersekt’s Transakt technology to banks and other enterprises operating in the region.

Transakt is a patented multi-factor authentication and app security product that provides full protection from phishing and other attacks targeting the online, mobile, and card-not-present channels. It uses state-of-the-art digital certificate technology and proprietary mobile validation techniques to form a trusted communication channel between service providers and their customers’ mobile phones or tablets.

Secure push messages are delivered to users over this channel, which is fully out of b ... Read more »

Funding for therapeutic manufacturing and testing from rapid response platform

SIOUX FALLS, S.D. - Thursday, August 25th 2016 [ME NewsWire]

(BUSINESS WIRE)-- SAB Biotherapeutics, Inc. (SAB), a clinical-stage biopharmaceutical development company, announced today that it has been awarded a contract for up to $5.3 million by the Biomedical Advanced Research and Development Authority (BARDA) within the Office of the Assistant Secretary for Preparedness and Response in the U.S. Department of Health and Human Services (HHS). The funding will be used for advanced clinical manufacturing and testing for SAB’s novel antibody therapeutic (SAB-301) to treat MERS-CoV.

“SAB has developed a unique production platform to rapidly respond to emerging infectious disease threats,” said SAB president and CEO Dr. Eddie Sullivan. “This partnership with BARDA is instrumental in advancing the MERS treatment, while creating a clinical development pathway for o ... Read more »

Serviced property to be one of the largest and most distinctive on The Palm Jumeirah

Dubai, United Arab Emirates - Wednesday, August 24th 2016 [ME NewsWire]

Azizi Developments, a leading UAE-based real estate developer with a global reach into many international markets, has announced the launch of its 178-unit Azizi Mina Hotel Apartments project located on The Palm Jumeirah, Dubai.

According to the developers, the property is now the company’s flagship project in Dubai and will run to an approximate total value of AED 750 million. When complete, the G+9 fully furnished upscale hotel apartment building will offer 120 one-bedroom and 58 two-bedroom units, as well as boast four luxury penthouses.

Set on a plot area of 120,989 square feet, Azizi Mina overlooks the azure-tinted waters of the Arabian Gulf and offers year-round access to some of the most iconic Dubai landmarks and tourist destinations, making it an attractive, lavish and high-end holi ... Read more »

 More than 300 international investors, CEOs and high-profile economists to attend region’s largest FDI event

SHARJAH, United Arab Emirates - Wednesday, August 24th 2016 [ME NewsWire]

(BUSINESS WIRE)-- Sharjah FDI: The Gateway to the Middle East, North Africa and South Asia is the title of the second Sharjah FDI Forum, MENA’s largest global foreign direct investment (FDI) event that takes place on September 28-29, 2016 in Sharjah, the third largest emirate of the United Arab Emirates (UAE).

Sharjah FDI Forum 2016 is being held in association with the Financial Times newspaper and fDi Magazine and under the patronage of His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah. The event is being organised by Sharjah Investment and Development Authority (Shurooq).

Sharjah FDI Forum 2016 will host more than 300 decision makers, business leaders and economic experts to exchange their knowle ... Read more »

BOSTON & PALO ALTO, Calif. & NEW YORK & JOHANNESBURG - Wednesday, August 24th 2016 [ME NewsWire]

(BUSINESS WIRE)-- Benu Networks, today announced VAST Networks has purchased the Benu Virtual Service Edge (VSE) to support growth and enhanced service experience for their Wi-Fi network, which already includes over 2200 hotspots in South Africa.

VAST Networks will use this new virtual platform to provide customers, including International Services Providers and Local Businesses, with the opportunity to provide seamless Wi-Fi Services throughout South Africa. Customers will have a true managed wireless experience regardless of location.

“We decided to partner with Benu because of the platform’s underlying architecture and ability to scale. The Benu VSE provides us an opportunity to expand our offering from Wi-Fi to include Managed Business Services. This will allow us to be more agile and meet the growing needs of our customers,” said ... Read more »